What Is DiversyFund? DiversyFund is a real estate investment trust that currently holds a…
Articles by Logan Allec, CPA
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June 29, 2022
Are Principal Payments Tax Deductible? Or Just the Interest?
If you have a mortgage on a property — whether your primary residence, a…
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June 29, 2022
Taxes on Selling a House: Capital Gains Tax, Exclusion, and More!
So you’ve looked at rising real estate values and made the decision to sell…
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June 29, 2022
What Is Taxable Income?
Taxable income is the total amount of a taxpayer’s income subject to income tax…
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June 29, 2022
Home Sale Gain Exclusion Rules Under Section 121: How Does the Primary Residence Tax Exemption Work?
The $250,000 (single) / $500,000 (married) home sale gain exclusion is a major benefit…
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June 28, 2022
Bonus Depreciation: What It Is and How It Works
Typically, the IRS requires taxpayers to depreciate assets over several years. This results in…
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June 28, 2022
Below Market Rent: Tax Consequences of Renting Below Fair Market Value
Most people who invest in rental property do so with a profit motive, oftentimes…
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April 19, 2022
7 Reasons Your IRS Refund Is Delayed — and What You Should Do About It
You e-filed your tax return using a tax software like TurboTax or H&R Block,…
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April 19, 2022
3 Last-Minute Tax Tips From a CPA
There are only two days left until the 2022 tax deadline for filing 2021…